EXPENDITURES

EXPENDITURES

Overview

MCP is registered with the Philippine Securities and Exchange commission as a non-profit, non-stock corporation (under reg. no. CN201506332.) There are no shareholders to generate revenue for, and all funds garnered through volunteer fees, CSR, grants and private donations are used to facilitate the continued and expanded operation of the organisation in a range of different areas.

MCP is audited by an external certified public accountant. You may wish to examine the archived annual achievements of the organization.

Budget Breakdown

Yearly expenditures vary significantly, especially as we’ve had to renovate many buildings and acquire new material assets after COVID19. As such, to give you a better overview this is the averaged budget data for 2018, 2019, 2022 and 2023. 20 and 21 are excepted due to COVID19. . Aside from illustrated expenses on the right, MCP has been able to save 10-15% of income for our contingency fund.

  • Housing, utilities and food
  • Salaries
  • Base Improvements / repairs
  • Vehicles, repairs and fuel
  • Utilities
  • Donations and charity
  • Advertising
  • Rent
  • Staff training and conferences
  • IT, servers, web
  • Airfills, compressor maintenance and gasses
  • Acquisition of new assets (scuba gear, vehicles etc)
  • Educational material
  • Professional membership fees and insurance
  • Security services
  • Miscellaneous
  • Bantay Dagat augmentation

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